Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos’ Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers
Xos, Inc. (XOS)
Company Research
Source: GlobeNewswire
Proposed Transaction Anticipated to Significantly Strengthen Xos’ Balance Sheet and Provide Growth Capital to Further Expand Xos’ Gross Margin Positive Vehicle Business Positions Combined Company for Sustainable Long-Term Value Creation with a Strengthened Financial Profile, a Substantial Backlog, and Strong Growth Potential Prospective Combined Company Expected to Benefit from Favorable Regulatory Tailwinds, Including California’s Mandate Requiring Xos Customers to Buy Thousands of New Electric Vehicles by 2025 Xos Delivered a Record 110 Units to Fleet Customers in the Fourth Quarter of 2023, Including FedEx Ground, UPS, and Loomis, Achieving 90% Year-Over-Year Growth LOS ANGELES and MESA, Ariz., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos”), a leading electric truck manufacturer and fleet electrification services provider, and ElectraMeccanica, (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, today announced that they have
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XOS
News
- Xos, Inc. Announces First Quarter 2024 Earnings Release Date and Conference CallGlobeNewswire
- Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet Operators [Yahoo! Finance]Yahoo! Finance
- Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet OperatorsGlobeNewswire
- Xos, Inc. (NASDAQ: XOS) was upgraded by analysts at DA Davidson from a "neutral" rating to a "buy" rating. They now have a $17.00 price target on the stock.MarketBeat
- Xos, Inc. Accelerates Growth with Strategic Acquisition of ElectraMeccanicaGlobeNewswire
XOS
Earnings
- 3/21/24 - Beat
XOS
Sec Filings
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- XOS's page on the SEC website